Cryptocurrency payment company Ripple aims to transform the financing model for the development of $XRP Blockchain Ledger (XRPL) in a more decentralized structure.
The company announced its move to a new funding framework in which independent organizations, venture partners, and community initiatives will play a larger role for developers within the ecosystem.
The company, valued at around $40 billion and using $XRP Cryptocurrency for Cross-Border Payments, announced both this strategic shift and new developer support programs in a blog post. Ripple said that as the ecosystem matures, it becomes increasingly important for developers to have access to funding “through multiple independent channels” in order to be able to scale their projects.
Historically, a significant portion of funding within the $XRP The Ledger ecosystem was born from startups backed by Ripple. The company now aims to create a healthier structure by moving to a multi-channel model where developers can find funding from various sources.
The move is seen as part of an effort to reduce the perception that Ripple has excessive influence and control over the market. $XRP Ledger. While Ripple and the $XRP Ledger are technically separate entities, the fact that a significant number of its founders went on to create Ripple or hold high-level positions within the company after the company’s launch. $XRP Ledger in 2012 strengthened the close relationship between the two structures.
Ripple is also the largest holder of $XRP. According to data released in March 2025, the company held approximately $57 billion worth of securities. $XRPrepresenting approximately two-thirds of the circulating supply. Ripple also remains one of the largest developers in the industry. $XRP Ledger.
In a blog post, Ripple outlined a number of new initiatives aimed at diversifying developer funding:
- A new program will be launched on $XRP Ledger aimed to support startups developing applications in areas such as stablecoin payments, credit infrastructure, tokenization and regulated financial services.
- XAO DAO: Founded in June, this decentralized autonomous organization aims to increase community engagement through micro-grants and foster a culture of rapid experimentation.
- XRPL Commons: The non-profit organization will continue its support activities $XRP Development of the ledger.
- $XRP Asia: Will continue to provide support to developers in the Asia-Pacific region.
Ripple also said that university collaborations and venture capital partners such as Dragonfly Capital, Pantera Capital, and Franklin Templeton will play an important role in the funding process. The company’s statement included the following: “The goal is to ensure that no single organization becomes the one-stop shop for ecosystem support. »
*This does not constitute investment advice.
